A regional exploration drill program is being undertaken by Artemis Gold near its Blackwater Mine site 160 kilometres southwest of Prince George.
The company says an initial five-million-dollar program has started, which will include 15 to 25-thousand metres of drilling in up to 150 holes.
The initial program extends into 2026 focusing on high priority targets defined by prior regional exploration.
“Now that the Blackwater Mine has achieved commercial production and is operating above nameplate capacity, we are turning our attention to the highly prospective region around the mine. Over 30 drill targets within economic trucking distance of the existing processing facilities have already been identified. This initial drill program is expected to be part of a broader and longer-term regional exploration strategy over the next 5 to 10 years to fully test our large and highly prospective land package. Regional exploration drilling, together with our continued optimization efforts and future expansion plans at the operation, aims to reveal the true potential at Blackwater and unlock further value for our shareholders.” said CEO Dale Andres.
Artemis Gold says it is a beneficiary of extensive prospecting activities conducted by prior owners, primarily between 2009 and 2014.
The comprehensive database includes mapping, ground and airborne geophysics, regional structural analysis and over 40,000 rocks, soil and geochemical samples.
Something going on in the Prince George area you think people should know about?
Send us a news tip by emailing [email protected].
